Introduction to Game Theory in Business and Economics

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Author :
Publisher : Routledge
ISBN 13 : 1315497239
Total Pages : 426 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Introduction to Game Theory in Business and Economics by : Thomas J. Webster

Download or read book Introduction to Game Theory in Business and Economics written by Thomas J. Webster and published by Routledge. This book was released on 2018-10-24 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory is the study of strategic behavior in situations in which the decision makers are aware of the interdependence of their actions. This innovative textbook introduces students to the most basic principles of game theory - move and countermove - with an emphasis on real-world business and economic applications. Students with a background in principles of economics and business mathematics can readily understand most of the material.Demonstration problems in each chapter are designed to enhance the student's understanding of the concepts presented in the text. Many chapters include non-technical applications designed to further the student's intuitive understanding of strategic behavior. Case studies help underscore the usefulness of game theory for analyzing real-world situations. Each chapter concludes with a review and questions and exercises. An online Instructor's Manual with test bank is available to professors who adopt the text.

Game Theory

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Publisher : Oxford University Press, USA
ISBN 13 : 0198775024
Total Pages : 295 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Game Theory by : Graham Romp

Download or read book Game Theory written by Graham Romp and published by Oxford University Press, USA. This book was released on 1997 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering all the essential topics for undergraduate courses, this is the ideal student introduction to game theory. The book sets out the basics of the subject in a non-technical way. All discussion and explanation is clear, well structured, and entirely accessible to students of botheconomics and business.In addition to describing and explaining the basic theory, Game Theory uses illustrations and examples to show its application to realistic, topical, and interesting problems-ranging from strategic decision-making within companies to international environmental policy-making.The book also features exercises with accompanying solutions to allow the student to check progress throughout the course, and a guide to further reading at the end of each chapter.

Game Theory and Economic Modelling

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Publisher : Oxford University Press
ISBN 13 : 0198283814
Total Pages : 204 pages
Book Rating : 4.1/5 (982 download)

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Book Synopsis Game Theory and Economic Modelling by : David M. Kreps

Download or read book Game Theory and Economic Modelling written by David M. Kreps and published by Oxford University Press. This book was released on 1990 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises lectures given at Tel Aviv University and Oxford University in 1990.

Strategy and Game Theory

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Publisher : Springer
ISBN 13 : 3319329634
Total Pages : 341 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Strategy and Game Theory by : Felix Munoz-Garcia

Download or read book Strategy and Game Theory written by Felix Munoz-Garcia and published by Springer. This book was released on 2016-08-10 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook presents worked-out exercises on game theory with detailed step-by-step explanations. While most textbooks on game theory focus on theoretical results, this book focuses on providing practical examples in which students can learn to systematically apply theoretical solution concepts to different fields of economics and business. The text initially presents games that are required in most courses at the undergraduate level and gradually advances to more challenging games appropriate for masters level courses. The first six chapters cover complete-information games, separately analyzing simultaneous-move and sequential-move games, with applications in industrial economics, law, and regulation. Subsequent chapters dedicate special attention to incomplete information games, such as signaling games, cheap talk games, and equilibrium refinements, emphasizing common steps and including graphical illustrations to focus students’ attention on the most relevant payoff comparisons at each point of the analysis. In addition, exercises are ranked according to their difficulty, with a letter (A-C) next to the exercise number. This allows students to pace their studies and instructors to structure their classes accordingly. By providing detailed worked-out examples, this text gives students at various levels the tools they need to apply the tenets of game theory in many fields of business and economics. This text is appropriate for introductory-to-intermediate courses in game theory at the upper undergraduate and master’s level.

Game Theory for Business

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Publisher : Probabilistic Publishing
ISBN 13 : 9780964793873
Total Pages : 173 pages
Book Rating : 4.7/5 (938 download)

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Book Synopsis Game Theory for Business by : Paul A. Papayoanou

Download or read book Game Theory for Business written by Paul A. Papayoanou and published by Probabilistic Publishing. This book was released on 2010 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business executives, managers, and negotiators regularly interact in ways that resemble a game of chess. Yet while game theory is the leading tool in academia for analyzing such interdependent choices, its use in the business world has been limited by its perceived lack of practicality. Until now, that is. "Game Theory for Business: A Primer in Strategic Gaming" outlines a straightforward, practical approach for using game theory. The book demonstrates how Strategic Gaming has, can, and should be applied to help savvy strategists and negotiators shape and play the game of business effectively.

Games for Business and Economics

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Author :
Publisher : John Wiley & Sons
ISBN 13 :
Total Pages : 470 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Games for Business and Economics by : Roy Gardner

Download or read book Games for Business and Economics written by Roy Gardner and published by John Wiley & Sons. This book was released on 2003-01-23 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether you're a veteran in the business game or have just sat down to play, this book will teach you the importance of rules and how to use them to your advantage. Here you can learn the basic strategies for being competitive in a variety of situations, from the blackjack table to the boardroom table. Pull up a chair and prepare to solve gaming problems as they relate to the business and economic environments today.

Game Theory and Behavior

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Publisher : MIT Press
ISBN 13 : 0262047292
Total Pages : 725 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Game Theory and Behavior by : Jeffrey Carpenter

Download or read book Game Theory and Behavior written by Jeffrey Carpenter and published by MIT Press. This book was released on 2022-12-06 with total page 725 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to game theory that offers not only theoretical tools but also the intuition and behavioral insights to apply these tools to real-world situations. This introductory text on game theory provides students with both the theoretical tools to analyze situations through the logic of game theory and the intuition and behavioral insights to apply these tools to real-world situations. It is unique among game theory texts in offering a clear, formal introduction to standard game theory while incorporating evidence from experimental data and introducing recent behavioral models. Students will not only learn about incentives, how to represent situations as games, and what agents “should” do in these situations, but they will also be presented with evidence that either confirms the theoretical assumptions or suggests a way in which the theory might be updated. Features: Each chapter begins with a motivating example that can be run as an experiment and ends with a discussion of the behavior in the example. Parts I–IV cover the fundamental “nuts and bolts” of any introductory game theory course, including the theory of games, simple games with simultaneous decision making by players, sequential move games, and incomplete information in simultaneous and sequential move games. Parts V–VII apply the tools developed in previous sections to bargaining, cooperative game theory, market design, social dilemmas, and social choice and voting. Part VIII offers a more in-depth discussion of behavioral game theory models including evolutionary and psychological game theory. Supplemental material on the book’s website include solutions to end-of-chapter exercises, a manual for running each chapter’s experimental games using pencil and paper, and the oTree codes for running the games online.

Introducing Game Theory and its Applications

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Author :
Publisher : CRC Press
ISBN 13 : 1482285878
Total Pages : 272 pages
Book Rating : 4.4/5 (822 download)

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Book Synopsis Introducing Game Theory and its Applications by : Elliott Mendelson

Download or read book Introducing Game Theory and its Applications written by Elliott Mendelson and published by CRC Press. This book was released on 2016-02-03 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The mathematical study of games is an intriguing endeavor with implications and applications that reach far beyond tic-tac-toe, chess, and poker to economics, business, and even biology and politics. Most texts on the subject, however, are written at the graduate level for those with strong mathematics, economics, or business backgrounds. In

Game Theory

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Publisher : Princeton University Press
ISBN 13 : 0691129088
Total Pages : 416 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Game Theory by : Steve Tadelis

Download or read book Game Theory written by Steve Tadelis and published by Princeton University Press. This book was released on 2013-01-06 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive introduction to game theory This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory, this one begins with the idea of rationality and explores its implications for multiperson decision problems through concepts like dominated strategies and rationalizability. Only then does it present the subject of Nash equilibrium and its derivatives. Game Theory is the ideal textbook for advanced undergraduate and beginning graduate students. Throughout, concepts and methods are explained using real-world examples backed by precise analytic material. The book features many important applications to economics and political science, as well as numerous exercises that focus on how to formalize informal situations and then analyze them. Introduces the core ideas and applications of game theory Covers static and dynamic games, with complete and incomplete information Features a variety of examples, applications, and exercises Topics include repeated games, bargaining, auctions, signaling, reputation, and information transmission Ideal for advanced undergraduate and beginning graduate students Complete solutions available to teachers and selected solutions available to students

Game Theory

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Publisher : Springer
ISBN 13 : 3662469502
Total Pages : 494 pages
Book Rating : 4.6/5 (624 download)

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Book Synopsis Game Theory by : Hans Peters

Download or read book Game Theory written by Hans Peters and published by Springer. This book was released on 2015-06-04 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook presents the basics of game theory both on an undergraduate level and on a more advanced mathematical level. It is the second, revised version of the successful 2008 edition. The book covers most topics of interest in game theory, including cooperative game theory. Part I presents introductions to all these topics on a basic yet formally precise level. It includes chapters on repeated games, social choice theory, and selected topics such as bargaining theory, exchange economies, and matching. Part II goes deeper into noncooperative theory and treats the theory of zerosum games, refinements of Nash equilibrium in strategic as well as extensive form games, and evolutionary games. Part III covers basic concepts in the theory of transferable utility games, such as core and balancedness, Shapley value and variations, and nucleolus. Some mathematical tools on duality and convexity are collected in Part IV. Every chapter in the book contains a problem section. Hints, answers and solutions are included.

An Introduction to Game Theory

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Publisher : Oxford University Press, USA
ISBN 13 : 9780195322484
Total Pages : 533 pages
Book Rating : 4.3/5 (224 download)

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Book Synopsis An Introduction to Game Theory by : Martin J. Osborne

Download or read book An Introduction to Game Theory written by Martin J. Osborne and published by Oxford University Press, USA. This book was released on 2009-01 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text emphasizes the ideas behind modern game theory rather than their mathematical expression, but defines all concepts precisely. It covers strategic, extensive and coalitional games and includes the topics of repeated games, bargaining theory and evolutionary equilibrium.

Game Theory

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Publisher : World Scientific Publishing Company
ISBN 13 : 9814623679
Total Pages : 320 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis Game Theory by : Hans Keiding

Download or read book Game Theory written by Hans Keiding and published by World Scientific Publishing Company. This book was released on 2015-03-30 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended as an introduction to game theory which goes beyond the field of application, economics, and which introduces the reader to as many different sides of game theory as possible within the limitations of an introduction. The main goal is to give an impression of the diversity of game theoretical models, while at the same time covering the standard topics. The book has an equal coverage of non-cooperative and cooperative games, and it covers several topics such as selecting Nash equilibria, non-transferable utility games, applications of game theory to logic, combinatorial and differential games.

Games for Business and Economics

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Publisher :
ISBN 13 : 9780471451754
Total Pages : 434 pages
Book Rating : 4.4/5 (517 download)

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Book Synopsis Games for Business and Economics by : Roy Gardner

Download or read book Games for Business and Economics written by Roy Gardner and published by . This book was released on 2003 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether you′re a veteran in the business game or have just sat down to play, this book will teach you the importance of rules and how to use them to your advantage. Here you can learn the basic strategies for being competitive in a variety of situations, from the blackjack table to the boardroom table. Pull up a chair and prepare to solve gaming problems as they relate to the business and economic environments today.

Strategies and Games, second edition

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Publisher : MIT Press
ISBN 13 : 0262368501
Total Pages : 713 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Strategies and Games, second edition by : Prajit K. Dutta

Download or read book Strategies and Games, second edition written by Prajit K. Dutta and published by MIT Press. This book was released on 2022-08-09 with total page 713 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new edition of a widely used introduction to game theory and its applications, with a focus on economics, business, and politics. This widely used introduction to game theory is rigorous but accessible, unique in its balance between the theoretical and the practical, with examples and applications following almost every theory-driven chapter. In recent years, game theory has become an important methodological tool for all fields of social sciences, biology and computer science. This second edition of Strategies and Games not only takes into account new game theoretical concepts and applications such as bargaining and matching, it also provides an array of chapters on game theory applied to the political arena. New examples, case studies, and applications relevant to a wide range of behavioral disciplines are now included. The authors map out alternate pathways through the book for instructors in economics, business, and political science. The book contains four parts: strategic form games, extensive form games, asymmetric information games, and cooperative games and matching. Theoretical topics include dominance solutions, Nash equilibrium, Condorcet paradox, backward induction, subgame perfection, repeated and dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, signaling, the Shapley value, and stable matchings. Applications and case studies include OPEC, voting, poison pills, Treasury auctions, trade agreements, pork-barrel spending, climate change, bargaining and audience costs, markets for lemons, and school choice. Each chapter includes concept checks and tallies end-of-chapter problems. An appendix offers a thorough discussion of single-agent decision theory, which underpins game theory.

Economics and Computation

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Publisher : Springer
ISBN 13 : 3662479044
Total Pages : 612 pages
Book Rating : 4.6/5 (624 download)

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Book Synopsis Economics and Computation by : Jörg Rothe

Download or read book Economics and Computation written by Jörg Rothe and published by Springer. This book was released on 2015-08-18 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook connects three vibrant areas at the interface between economics and computer science: algorithmic game theory, computational social choice, and fair division. It thus offers an interdisciplinary treatment of collective decision making from an economic and computational perspective. Part I introduces to algorithmic game theory, focusing on both noncooperative and cooperative game theory. Part II introduces to computational social choice, focusing on both preference aggregation (voting) and judgment aggregation. Part III introduces to fair division, focusing on the division of both a single divisible resource ("cake-cutting") and multiple indivisible and unshareable resources ("multiagent resource allocation"). In all these parts, much weight is given to the algorithmic and complexity-theoretic aspects of problems arising in these areas, and the interconnections between the three parts are of central interest.

Game Theory

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Publisher : Business Expert Press
ISBN 13 : 1606493639
Total Pages : 138 pages
Book Rating : 4.6/5 (64 download)

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Book Synopsis Game Theory by : Mark L. Burkey

Download or read book Game Theory written by Mark L. Burkey and published by Business Expert Press. This book was released on 2013-02-07 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: From its beginnings in the early 1900s, game theory has been a very mathematical, technical subject. However, it also provides valuable, everyday lessons that are important for managers and executives to understand. But current books and textbooks are mostly highly mathematical, and almost all are very long. This book will deliver a focused and precise, but nonmathematical, overview of topics in game theory that are directly relevant to managing an organization. Game theory is the science of action and reaction. While most standard economic analyses embody the science of making an optimal choice, this kind of analysis is largely undertaken in a vacuum. For example, when a firm raises or lowers its price, this is rarely the end of the story—competitors are likely to react by changing their prices and quantities as well. Game theory adds in this extra layer of realism. It teaches managers to think ahead and foresee possible reactions to their actions.

Game Theory

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Author :
Publisher : Springer Nature
ISBN 13 : 3031375742
Total Pages : 471 pages
Book Rating : 4.0/5 (313 download)

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Book Synopsis Game Theory by : Ana Espinola-Arredondo

Download or read book Game Theory written by Ana Espinola-Arredondo and published by Springer Nature. This book was released on 2023-12-06 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to game theory, complete with step-by-step tools and detailed examples. This book offers condensed breakdowns of game-theory concepts. Specifically, this textbook provides “tools” or “recipes” to solve different classes of games. Game Theory presents the information as plainly and clearly as possible. Every chapter begins with the main definitions and concepts before diving into the applications to different settings across economics, business, and other social sciences. Chapters walk readers through algebraic steps and simplifications. This makes the text accessible for undergraduate and Masters-level students in economics and finance. Paired with the exercises published on the accompanying website, students will improve both their theoretical and practical understandings of game theory. Readers will walk away from this book understanding complete and incomplete information models as well as signaling games.